Skip to content
ECONOMYMarkets · Policy · Power

Rs36b approval for ML-I delayed

WDWeb DeskPublished 1 min read
Rs36b approval for ML-I delayed

Pakistan on Thursday again postponed approval of Rs36 billion project that had been designed to provide security to the Chinese nationals who would be engaged for the construction of multibillion-dollar Mainline-I (ML-I) project.

The project has been lingering for the past almost two years and could not win the nod of the authorities after the previous government excluded the security component from the $6.8 billion ML-I project of China-Pakistan Economic Corridor (CPEC).

The Rs36 billion worth of security provision for the up-gradation of Pakistan Railways’ ML-I project was presented to the Central Development Working Party (CDWP) for endorsement.

Related stories